RLJ Lodging Trust Reports First Quarter 2019 Results

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Go back to RLJ Lodging Trust Reports First Quarter 2019 Results

RLJ Lodging Trust (RLJ) Tops Q1 EPS by 3c, Revenues Beat; Pro Forma RevPAR Up 1.3%

May 8, 2019 4:41 PM EDT

RLJ Lodging Trust (NYSE: RLJ) reported Q1 EPS of $0.12, $0.03 better than the analyst estimate of $0.09. Revenue for the quarter came in at $398.85 million versus the consensus estimate of $396.9 million.

Pro forma RevPAR increased 1.3%, driven by a Pro forma ADR increase of 2.0%
Net income of $28.3 million
Pro forma Consolidated Hotel EBITDA of... More